2023 Q4 Form 10-Q Financial Statement
#000121390023088845 Filed on November 20, 2023
Income Statement
Concept | 2023 Q4 | 2023 Q3 | 2023 Q2 |
---|---|---|---|
Revenue | $0.00 | $22.13M | $21.60M |
YoY Change | -100.0% | 15.7% | |
Cost Of Revenue | $0.00 | $14.13M | $13.66M |
YoY Change | -100.0% | 13.24% | |
Gross Profit | $0.00 | $7.995M | $7.940M |
YoY Change | -100.0% | 20.32% | |
Gross Profit Margin | 36.13% | 36.75% | |
Selling, General & Admin | $2.704M | $4.307M | $2.609M |
YoY Change | -34.42% | 14.65% | 13118.46% |
% of Gross Profit | 53.87% | 32.85% | |
Research & Development | $14.22K | ||
YoY Change | -75.7% | ||
% of Gross Profit | 0.18% | ||
Depreciation & Amortization | $0.00 | $701.1K | $653.0K |
YoY Change | -100.0% | 24.05% | 15.58% |
% of Gross Profit | 8.77% | 8.22% | |
Operating Expenses | $2.704M | $5.008M | $3.330M |
YoY Change | -34.42% | 32.0% | 3572.7% |
Operating Profit | -$2.704M | $2.987M | $4.610M |
YoY Change | -149.03% | 4.77% | -5185.18% |
Interest Expense | -$137.5K | -$1.819M | -$1.010M |
YoY Change | -95.45% | 346.03% | -104059.16% |
% of Operating Profit | -60.89% | -21.92% | |
Other Income/Expense, Net | -$1.320M | $40.20K | -$1.757M |
YoY Change | -58.92% | -109.57% | 422.88% |
Pretax Income | -$4.162M | $1.859M | $2.853M |
YoY Change | |||
Income Tax | $0.00 | ||
% Of Pretax Income | 0.0% | ||
Net Earnings | -$4.162M | $1.859M | $2.853M |
YoY Change | -262.21% | -23.53% | 1062.24% |
Net Earnings / Revenue | 8.4% | 13.21% | |
Basic Earnings Per Share | $0.02 | -$0.01 | |
Diluted Earnings Per Share | -$0.04 | $0.02 | $0.03 |
COMMON SHARES | |||
Basic Shares Outstanding | 126.9M shares | 114.9M shares | 114.4M shares |
Diluted Shares Outstanding | 118.6M shares |
Balance Sheet
Concept | 2023 Q4 | 2023 Q3 | 2023 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $2.490K | $2.758M | $3.211M |
YoY Change | |||
Cash & Equivalents | $2.492K | $1.255M | $1.708M |
Short-Term Investments | $1.503M | $1.503M | |
Other Short-Term Assets | $2.354M | $7.284M | $4.944M |
YoY Change | -97.87% | ||
Inventory | $1.437M | $1.536M | |
Prepaid Expenses | |||
Receivables | $72.69M | $60.41M | |
Other Receivables | $0.00 | $0.00 | |
Total Short-Term Assets | $2.357M | $127.6M | $116.7M |
YoY Change | -97.89% | 240.81% | 498285.0% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $32.23M | $32.13M | |
YoY Change | |||
Goodwill | $56.39M | $56.39M | |
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $6.500M | ||
YoY Change | |||
Other Assets | $88.52M | ||
YoY Change | |||
Total Long-Term Assets | $6.500M | $88.61M | $88.52M |
YoY Change | -92.7% | 8761.37% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $2.357M | $127.6M | $116.7M |
Total Long-Term Assets | $6.500M | $88.61M | $88.52M |
Total Assets | $8.857M | $216.2M | $205.2M |
YoY Change | -95.59% | 462.42% | 876348.88% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $166.6K | $48.99M | $41.01M |
YoY Change | -99.62% | ||
Accrued Expenses | $154.0K | $1.207M | $2.290M |
YoY Change | -87.23% | ||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $24.09M | $18.91M |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $5.782M | $150.3M | $143.6M |
YoY Change | -96.0% | 352.28% | 118975.15% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $2.331M | $13.11M | $12.83M |
YoY Change | |||
Other Long-Term Liabilities | $1.938M | $1.938M | |
YoY Change | |||
Total Long-Term Liabilities | $2.331M | $27.53M | $28.35M |
YoY Change | -92.0% | 2403.06% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $5.782M | $150.3M | $143.6M |
Total Long-Term Liabilities | $2.331M | $27.53M | $28.35M |
Total Liabilities | $8.113M | $177.8M | $172.0M |
YoY Change | -95.33% | 417.99% | 142476.43% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$16.63M | -$5.761M | -$7.455M |
YoY Change | 76.22% | -47.56% | -41.25% |
Common Stock | $127.1K | $126.9K | $114.6K |
YoY Change | 23.57% | 23.33% | 13.57% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $743.5K | $38.41M | $33.20M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $8.857M | $216.2M | $205.2M |
YoY Change | -95.59% | 462.42% | 876348.88% |
Cashflow Statement
Concept | 2023 Q4 | 2023 Q3 | 2023 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$4.162M | $1.859M | $2.853M |
YoY Change | -262.21% | -23.53% | 1062.24% |
Depreciation, Depletion And Amortization | $0.00 | $701.1K | $653.0K |
YoY Change | -100.0% | 24.05% | 15.58% |
Cash From Operating Activities | -$3.654M | $2.106M | $1.824M |
YoY Change | 165.49% | -1399.94% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | $798.7K | -$625.3K | |
YoY Change | 213.23% | ||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$5.500M | ||
YoY Change | |||
Cash From Investing Activities | -$4.622M | -$798.7K | $625.3K |
YoY Change | 213.23% | ||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 8.334M | -$1.760M | -$1.971M |
YoY Change | 261.22% | -1517.29% | |
NET CHANGE | |||
Cash From Operating Activities | -3.654M | $2.106M | $1.824M |
Cash From Investing Activities | -4.622M | -$798.7K | $625.3K |
Cash From Financing Activities | 8.334M | -$1.760M | -$1.971M |
Net Change In Cash | 57.33K | -$453.2K | $477.9K |
YoY Change | -991.24% | -39498.85% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$3.654M | $2.106M | $1.824M |
Capital Expenditures | $798.7K | -$625.3K | |
Free Cash Flow | $1.307M | $2.449M | |
YoY Change | 142.88% |
Facts In Submission
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CY2023Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
2000000 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
126000 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
|
1512000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1859103 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
38410574 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
20368861 | usd |
CY2022Q3 | qind |
Stock Issued During Period Value Goodwill Adjustment
StockIssuedDuringPeriodValueGoodwillAdjustment
|
3222360 | usd |
CY2022Q3 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
82600 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2431116 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
26104937 | usd |
CY2023Q3 | us-gaap |
Profit Loss
ProfitLoss
|
1859103 | usd |
CY2022Q3 | us-gaap |
Profit Loss
ProfitLoss
|
2431116 | usd |
CY2023Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1512000 | usd |
CY2023Q3 | qind |
Settlement Of Debt
SettlementOfDebt
|
701090 | usd |
CY2022Q3 | qind |
Settlement Of Debt
SettlementOfDebt
|
565107 | usd |
CY2022Q3 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
243899 | usd |
CY2023Q3 | us-gaap |
Other Noncash Income Tax Expense
OtherNoncashIncomeTaxExpense
|
165872 | usd |
CY2023Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
1477316 | usd |
CY2022Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
420247 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-98953 | usd |
CY2022Q3 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-73054 | usd |
CY2023Q3 | qind |
Increase Decrease In Workinprogress
IncreaseDecreaseInWorkinprogress
|
-3773783 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
12284381 | usd |
CY2022Q3 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
18170460 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
980737 | usd |
CY2022Q3 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-321031 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Option Premium Contracts Payable
IncreaseDecreaseInOptionPremiumContractsPayable
|
6732911 | usd |
CY2022Q3 | us-gaap |
Increase Decrease In Option Premium Contracts Payable
IncreaseDecreaseInOptionPremiumContractsPayable
|
15257455 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
113912 | usd |
CY2022Q3 | us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
59511 | usd |
CY2023Q3 | qind |
Cash Generated From Operations
CashGeneratedFromOperations
|
3169823 | usd |
CY2022Q3 | qind |
Cash Generated From Operations
CashGeneratedFromOperations
|
1200959 | usd |
CY2023Q3 | qind |
Finance Costs Paid
FinanceCostsPaid
|
-1064033 | usd |
CY2022Q3 | qind |
Finance Costs Paid
FinanceCostsPaid
|
-407800 | usd |
CY2023Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
2105790 | usd |
CY2022Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
793158 | usd |
CY2023Q3 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
798725 | usd |
CY2022Q3 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
255000 | usd |
CY2023Q3 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-798725 | usd |
CY2022Q3 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-255000 | usd |
CY2023Q3 | us-gaap |
Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
|
150730 | usd |
CY2022Q3 | us-gaap |
Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
|
-272307 | usd |
CY2023Q3 | us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
2184802 | usd |
CY2022Q3 | us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
215000 | usd |
CY2023Q3 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
2000000 | usd |
CY2023Q3 | qind |
Buy Back Commitment
BuyBackCommitment
|
2000000 | usd |
CY2023Q3 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
273804 | usd |
CY2023Q3 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1760268 | usd |
CY2022Q3 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-487307 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-453203 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
50851 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1707801 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1114131 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1254598 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1164982 | usd |
CY2022Q2 | qind |
Control Block Shares Transferred Shares
ControlBlockSharesTransferredShares
|
77669078 | shares |
CY2022Q2 | qind |
Control Block Shares Transferred Value
ControlBlockSharesTransferredValue
|
500000 | usd |
CY2023Q3 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><b><i>Use of estimates</i></b> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">A critical accounting estimate is an estimate that: (i) is made in accordance with generally accepted accounting principles, (ii) involves a significant level of estimation uncertainty and (iii) has had or is reasonably likely to have a material impact on the Company’s financial condition or results of operations.</p><p style="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">The Company’s Consolidated Financial Statements have been prepared in accordance with generally accepted accounting principles in the United States of America (U.S. GAAP). The preparation of financial statements in accordance with U.S. GAAP requires management to make estimates and judgments that affect reported amounts and related disclosures. On an ongoing basis, management evaluates and updates its estimates. Management employs judgment in making its estimates but they are based on historical experience and currently available information and various other assumptions that the Company believes to be reasonable under the circumstances. The results of these estimates form the basis for making judgments about the carrying values of assets and liabilities that are not readily available from other sources. Actual results could differ from those estimates. Management believes that its judgment is applied consistently and produces financial information that fairly depicts the results of operations for all periods presented.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">Significant estimates include estimates used to review the Company’s, impairments and estimations of long-lived assets, revenue recognition of Contract based revenue, allowances for uncollectible accounts, and the valuations of non-cash capital stock issuances. The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable in the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions.</p> | |
CY2023Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1254598 | usd |
CY2023Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1707801 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1859103 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2431116 | usd |
CY2023Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
1859103 | usd |
CY2022Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
2431116 | usd |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
118283503 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
102290302 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
118283503 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
102290302 | shares |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.02 | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.02 | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
118574503 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
102290302 | shares |
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.02 | |
CY2022Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.02 | |
CY2023Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
333515 | usd |
CY2023Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
12192300 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
835943 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
13581728 | usd |
CY2023Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1254598 | usd |
CY2023Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1707801 | usd |
CY2023Q3 | qind |
Retention Receivables
RetentionReceivables
|
2590611 | usd |
CY2023Q2 | qind |
Retention Receivables
RetentionReceivables
|
2590611 | usd |
CY2023Q3 | qind |
Amount Due From Related Party
AmountDueFromRelatedParty
|
2191608 | usd |
CY2023Q2 | qind |
Amount Due From Related Party
AmountDueFromRelatedParty
|
2072077 | usd |
CY2023Q3 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
63862 | usd |
CY2023Q2 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
70000 | usd |
CY2023Q3 | qind |
Buy Back Commitments
BuyBackCommitments
|
2000000 | usd |
CY2023Q3 | qind |
Other Current Asset
OtherCurrentAsset
|
473968 | usd |
CY2023Q2 | qind |
Other Current Asset
OtherCurrentAsset
|
210935 | usd |
CY2023Q3 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
7284049 | usd |
CY2023Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
4943623 | usd |
CY2023Q3 | us-gaap |
Payments To Acquire Finance Receivables
PaymentsToAcquireFinanceReceivables
|
397390 | usd |
CY2022Q3 | us-gaap |
Payments To Acquire Finance Receivables
PaymentsToAcquireFinanceReceivables
|
30000 | usd |
CY2023Q3 | us-gaap |
Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
|
1000000 | usd |
CY2023Q3 | qind |
Working Capital
WorkingCapital
|
100000 | usd |
CY2023Q3 | us-gaap |
Debt Instrument Redemption Price Percentage Of Principal Amount Redeemed
DebtInstrumentRedemptionPricePercentageOfPrincipalAmountRedeemed
|
0.01 | pure |
CY2023Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
72693254 | usd |
CY2023Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
60408873 | usd |
CY2023Q3 | us-gaap |
Accounts Receivable Unapproved Contract Claims
AccountsReceivableUnapprovedContractClaims
|
30095285 | usd |
CY2023Q2 | us-gaap |
Accounts Receivable Unapproved Contract Claims
AccountsReceivableUnapprovedContractClaims
|
30095285 | usd |
CY2023Q3 | us-gaap |
Accounts Payable Interest Bearing Interest Rate
AccountsPayableInterestBearingInterestRate
|
0.20 | pure |
CY2023Q3 | us-gaap |
Investment Company Committed Capital
InvestmentCompanyCommittedCapital
|
3000000 | usd |
qind |
Rightofuse Assets Cost
RightofuseAssetsCost
|
16639146 | usd | |
CY2022Q2 | us-gaap |
Real Estate Owned Accumulated Depreciation
RealEstateOwnedAccumulatedDepreciation
|
4244695 | usd |
CY2022Q2 | us-gaap |
Asset Backed Securities At Carrying Value
AssetBackedSecuritiesAtCarryingValue
|
12394451 | usd |
us-gaap |
Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
|
487797 | usd | |
CY2022Q4 | us-gaap |
Real Estate Owned Accumulated Depreciation
RealEstateOwnedAccumulatedDepreciation
|
4732492 | usd |
CY2022Q4 | us-gaap |
Asset Backed Securities At Carrying Value
AssetBackedSecuritiesAtCarryingValue
|
11906654 | usd |
CY2023Q2 | us-gaap |
Asset Backed Securities At Carrying Value
AssetBackedSecuritiesAtCarryingValue
|
11906654 | usd |
CY2023Q3 | us-gaap |
Asset Backed Securities At Carrying Value
AssetBackedSecuritiesAtCarryingValue
|
11906654 | usd |
CY2022Q4 | us-gaap |
Assets Net
AssetsNet
|
49255718 | usd |
CY2023Q3 | us-gaap |
Goodwill
Goodwill
|
56387027 | usd |
CY2023Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
333515 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
835943 | usd |
CY2023Q3 | us-gaap |
Deposit Liabilities Accrued Interest
DepositLiabilitiesAccruedInterest
|
117572 | usd |
CY2023Q2 | us-gaap |
Deposit Liabilities Accrued Interest
DepositLiabilitiesAccruedInterest
|
77093 | usd |
CY2023Q3 | qind |
Payable To The Shareholders Of The Subsidiary Quality International
PayableToTheShareholdersOfTheSubsidiaryQualityInternational
|
75500000 | usd |
CY2023Q2 | qind |
Payable To The Shareholders Of The Subsidiary Quality International
PayableToTheShareholdersOfTheSubsidiaryQualityInternational
|
80500000 | usd |
CY2023Q3 | us-gaap |
Other Short Term Borrowings
OtherShortTermBorrowings
|
5033333 | usd |
CY2023Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
63600 | usd |
CY2023Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
23500 | usd |
CY2023Q3 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
81048020 | usd |
CY2023Q2 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
81436536 | usd |
CY2023Q3 | us-gaap |
Loans Payable
LoansPayable
|
75500000 | usd |
CY2023Q3 | us-gaap |
Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
|
3000000 | usd |
CY2023Q3 | us-gaap |
Excess Stock Shares Issued
ExcessStockSharesIssued
|
6410971 | shares |
CY2023Q3 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
2000000 | usd |
CY2023Q3 | us-gaap |
Investment Company Committed Capital
InvestmentCompanyCommittedCapital
|
2000000 | usd |
CY2023Q2 | us-gaap |
Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
|
18911641 | usd |
CY2023Q3 | us-gaap |
Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
|
19055041 | usd |
CY2023Q3 | us-gaap |
Asset Acquisition Contingent Consideration Liability
AssetAcquisitionContingentConsiderationLiability
|
35500000 | usd |
CY2023Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
48985895 | usd |
CY2023Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
41009707 | usd |
CY2023Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
1206547 | usd |
CY2023Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
2289614 | usd |
CY2023Q3 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
50192442 | usd |
CY2023Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
43299321 | usd |
CY2023Q3 | us-gaap |
Deferred Long Term Liability Charges
DeferredLongTermLiabilityCharges
|
27242714 | usd |
CY2023Q2 | us-gaap |
Deferred Long Term Liability Charges
DeferredLongTermLiabilityCharges
|
28351008 | usd |
CY2023Q3 | us-gaap |
Asset Acquisition Contingent Consideration Liability
AssetAcquisitionContingentConsiderationLiability
|
35500000 | usd |
CY2023Q3 | us-gaap |
Federal Home Loan Bank Advances Long Term
FederalHomeLoanBankAdvancesLongTerm
|
10768392 | usd |
CY2023Q2 | us-gaap |
Federal Home Loan Bank Advances Long Term
FederalHomeLoanBankAdvancesLongTerm
|
10761062 | usd |
CY2023Q3 | us-gaap |
Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
|
55000000 | usd |
CY2023Q3 | us-gaap |
Postemployment Benefits Liability Noncurrent
PostemploymentBenefitsLiabilityNoncurrent
|
1938281 | usd |
CY2023Q2 | us-gaap |
Postemployment Benefits Liability Noncurrent
PostemploymentBenefitsLiabilityNoncurrent
|
1938281 | usd |
CY2023Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1938281 | usd |
CY2023Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1938281 | usd |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
|
200000 | shares |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
|
0.58 | |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
|
50000 | shares |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
|
3.5 | |
CY2023Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
CY2023Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
CY2023Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000 | shares |
CY2023Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000 | shares |
CY2023Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2023Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2023Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
126887936 | shares |
CY2023Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
126887936 | shares |
CY2023Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
114576965 | shares |
CY2023Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
114576965 | shares |
CY2023Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2023Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2023Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2023Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
2000000 | usd |
CY2023Q3 | us-gaap |
Payments For Fees
PaymentsForFees
|
2000000 | usd |
CY2022Q4 | qind |
Net Assets
NetAssets
|
49255718 | usd |
CY2023Q3 | us-gaap |
Goodwill
Goodwill
|
56387027 | usd |
CY2023Q3 | qind |
Percent Earnings Of Subsidiary Transferred To Minority Interest
PercentEarningsOfSubsidiaryTransferredToMinorityInterest
|
0.48 | pure |
CY2023 | us-gaap |
Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
|
3828121 | usd |
CY2022 | us-gaap |
Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
|
2709626 | usd |
CY2023 | us-gaap |
Travel And Entertainment Expense
TravelAndEntertainmentExpense
|
79030 | usd |
CY2022 | us-gaap |
Travel And Entertainment Expense
TravelAndEntertainmentExpense
|
93670 | usd |
CY2023 | us-gaap |
Legal Fees
LegalFees
|
285708 | usd |
CY2022 | us-gaap |
Legal Fees
LegalFees
|
216610 | usd |
CY2023 | us-gaap |
Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
|
15454 | usd |
CY2022 | us-gaap |
Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
|
27066 | usd |
CY2023 | us-gaap |
Noninterest Expense Printing And Fulfillment
NoninterestExpensePrintingAndFulfillment
|
3267 | usd |
CY2022 | us-gaap |
Noninterest Expense Printing And Fulfillment
NoninterestExpensePrintingAndFulfillment
|
3872 | usd |
CY2023 | us-gaap |
Professional Fees
ProfessionalFees
|
617273 | usd |
CY2022 | us-gaap |
Professional Fees
ProfessionalFees
|
235385 | usd |
CY2023 | us-gaap |
Proceeds From Insurance Settlement Operating Activities
ProceedsFromInsuranceSettlementOperatingActivities
|
15000 | usd |
CY2022 | us-gaap |
Proceeds From Insurance Settlement Operating Activities
ProceedsFromInsuranceSettlementOperatingActivities
|
17236 | usd |
CY2023 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
18864 | usd |
CY2022 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
26377 | usd |
CY2023 | us-gaap |
Utilities Operating Expense Maintenance
UtilitiesOperatingExpenseMaintenance
|
9139 | usd |
CY2022 | us-gaap |
Utilities Operating Expense Maintenance
UtilitiesOperatingExpenseMaintenance
|
16547 | usd |
CY2023 | us-gaap |
Other General Expense
OtherGeneralExpense
|
33171 | usd |
CY2022 | us-gaap |
Other General Expense
OtherGeneralExpense
|
101345 | usd |
CY2023 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
4287754 | usd |
CY2022 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3203268 | usd |
CY2023Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1512000 | usd |
CY2023Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
222071 | usd |
CY2022Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
0 | usd |
CY2023Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
usd | |
CY2023Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
usd | |
CY2022Q3 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
usd | |
CY2022Q3 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
usd | |
CY2022Q3 | us-gaap |
Other Income
OtherIncome
|
usd | |
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.02 | |
CY2022Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.02 | |
CY2023Q3 | qind |
Receivable With Imputed Interest Reclassed To Accrued Interest Value
ReceivableWithImputedInterestReclassedToAccruedInterestValue
|
usd | |
CY2022Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
usd | |
CY2023Q3 | qind |
Stock Issued During Period Value Issued For Services2
StockIssuedDuringPeriodValueIssuedForServices2
|
usd | |
CY2022Q3 | qind |
Stock Issued During Period Value Issued For Services2
StockIssuedDuringPeriodValueIssuedForServices2
|
usd | |
CY2023Q3 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
usd | |
CY2022Q3 | us-gaap |
Other Noncash Income Tax Expense
OtherNoncashIncomeTaxExpense
|
usd | |
CY2022Q3 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
usd | |
CY2022Q3 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
usd | |
CY2023Q2 | qind |
Buy Back Commitments
BuyBackCommitments
|
usd | |
us-gaap |
Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
|
usd | ||
CY2023Q3 | us-gaap |
Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
|
usd | |
CY2023Q2 | us-gaap |
Other Short Term Borrowings
OtherShortTermBorrowings
|
usd | |
CY2022Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
usd | |
CY2023Q3 | qind |
Sale Of Scrap
SaleOfScrap
|
usd | |
CY2023Q3 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2023Q3 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--06-30 | |
CY2023Q3 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2023Q3 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2024 | |
CY2023Q3 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001393781 |